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Inbest Prime II Inmuebles Socimi (XMAD:YINB2) Financial Strength : 3 (As of Dec. 2018)


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What is Inbest Prime II Inmuebles Socimi Financial Strength?

Inbest Prime II Inmuebles Socimi has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Inbest Prime II Inmuebles Socimi did not have earnings to cover the interest expense. As of today, Inbest Prime II Inmuebles Socimi's Altman Z-Score is 0.00.


Competitive Comparison of Inbest Prime II Inmuebles Socimi's Financial Strength

For the REIT - Retail subindustry, Inbest Prime II Inmuebles Socimi's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inbest Prime II Inmuebles Socimi's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inbest Prime II Inmuebles Socimi's Financial Strength distribution charts can be found below:

* The bar in red indicates where Inbest Prime II Inmuebles Socimi's Financial Strength falls into.



Inbest Prime II Inmuebles Socimi Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Inbest Prime II Inmuebles Socimi's Interest Expense for the months ended in Dec. 2018 was €-0.00 Mil. Its Operating Income for the months ended in Dec. 2018 was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was €0.00 Mil.

Inbest Prime II Inmuebles Socimi's Interest Coverage for the quarter that ended in Dec. 2018 is

Inbest Prime II Inmuebles Socimi did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Inbest Prime II Inmuebles Socimi's Debt to Revenue Ratio for the quarter that ended in Dec. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.664 + 0) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Inbest Prime II Inmuebles Socimi has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Inbest Prime II Inmuebles Socimi  (XMAD:YINB2) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Inbest Prime II Inmuebles Socimi has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Inbest Prime II Inmuebles Socimi Financial Strength Related Terms

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Inbest Prime II Inmuebles Socimi (XMAD:YINB2) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Serrano, number 57, 4th Floor, Madrid, ESP, 28006
Inbest Prime II Inmuebles Socimi SA is engaged in the acquisition and promotion of urban real estate for rental.

Inbest Prime II Inmuebles Socimi (XMAD:YINB2) Headlines

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